Restrictions on Exercise Clause Example with 13 Variations from Business Contracts

This page contains Restrictions on Exercise clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Restrictions on Exercise. This Option may not be exercised until such time as the Plan has been approved by the stockholders of the Company, or if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any Applicable Law.

Variations of a "Restrictions on Exercise" Clause from Business Contracts

Restrictions on Exercise. This Option Award may not be exercised until such time as the Plan has been approved by the stockholders shareholders of the Company, or if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares Shares would constitute a violation of any Applicable Law.
Restrictions on Exercise. This Option may not be exercised until such time as the Plan has been approved by the stockholders Board of the Company, or if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any Applicable Law.
Restrictions on Exercise. This Option may not be exercised until such time as the Plan has been approved by the stockholders shareholders of the Company, or if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any Applicable Law.